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PointsBet Holdings ( (AU:PBH) ) has issued an update.
MIXI Australia Pty Ltd, a subsidiary of MIXI, Inc, has launched an off-market takeover bid for PointsBet Holdings Limited. The offer, priced at $1.25 per share, is final and will close on 12 September 2025. MIXI Australia now controls over 50% of PointsBet shares, making PointsBet a subsidiary of MIXI Australia. This acquisition prevents betr from achieving control of PointsBet, although betr sees potential for collaboration with MIXI-controlled PointsBet.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
YTD Price Performance: 25.50%
Average Trading Volume: 1,014,039
Technical Sentiment Signal: Buy
Current Market Cap: A$436.2M
Find detailed analytics on PBH stock on TipRanks’ Stock Analysis page.